Appointment of Non-Executive Director

RNS Number : 5894O

RWS Holdings PLC

22 August 2017

 

For immediate release                                                                                                         22 August 2017

RWS Holdings plc

Board Changes

Appointment of Non-Executive Director

RWS Holdings plc ("RWS", "the Group"), the world's leading provider of intellectual property support services (patent translations, international patent filing solutions and searches) and a leading provider of life sciences and commercial language services, today announces the appointment of Lara Boro as an Independent Non-Executive Director with effect from 20 September 2017.

Lara (age 50) is currently a Group Managing Director with Informa, the FTSE 100 global B2B media company, where she heads up the Life Science, TMT and Transportation businesses within the Business Intelligence division. Previously, Lara was CEO International for Ascential Plc (formerly Emap Plc), where she led the business' international expansion into MENA, China, and Brazil. She has also held commercial and M&A roles with CPA Global, the IP services company, and Pearson. Lara also holds an MBA from INSEAD.

The Group also announces that Peter Mountford, currently Non-Executive Director, will be stepping down from the Board with effect from 30 September 2017. Peter has served on the RWS Board since the IPO in November 2003 and has made a valuable contribution to the Group and its progress as a listed company.

In light of Peter's departure, David Shrimpton, Senior Independent Non-Executive Director and Deputy Chairman, will chair the Audit Committee. Liz Lucas, Non-Executive Director, will chair the Remuneration Committee. Lara will join both the Audit and Remuneration Committees.

Andrew Brode, Chairman of RWS, commented:

"I'm delighted to welcome Lara onto the Group Board. Her significant experience across IP, information services and life sciences will be extremely valuable, as will her knowledge of driving growth across numerous markets, both organically and through M&A, as we continue to expand our global market leadership.

"I would also like to take this opportunity to thank Peter for his tremendous contribution to the Group over the past 13 years. His input and guidance have been indispensable and we wish him all the best in his future endeavours."

Lara holds or has held the following directorships in the five years preceding her appointment at the Company:

Current

None

Previous five years

Popupin Ltd

In relation to Lara Boro's appointment to the Board, there is no further information required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies.

ENDS

For further information contact:

RWS Holdings plc Andrew Brode, Chairman Richard Thompson, Chief Executive Officer

01753 480200

MHP Communications Katie Hunt / Simon Hockridge

0203 128 8794

Numis Stuart Skinner / Kevin Cruickshank (Nominated Adviser) Michael Burke (Corporate Broker)

0207 260 1000

About RWS:

RWS is the world's leading provider of patent translations and one of the leading players in the provision of intellectual property support services and a market leader in life sciences translations and linguistic validation as well as a high level specialist language service provider in other technical areas, providing for the diverse needs of a blue-chip multinational client base from Europe, North America and Asia.  RWS is based in the UK, with offices in Europe, the USA (New York, Hartford, Colorado, San Francisco, Boston and Chicago), China, Japan and Australia, and is listed on AIM, the London Stock Exchange regulated market (RWS.L).

For further information, please visit:  www.rws.com

 

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